Top 10 Richest Families In Nigeria

A lot of families in Nigeria are richer than others. Some of these families on this list do not appear on the list of the richest people in Nigeria but they managed to appear on this list. This is because the net worths of the families combined together are more than that of just a person that appears on the list of the richest people in Nigeria.

This list has some people who are not so popular but they are extremely rich.

Have been wondering who the wealthiest families are in Nigeria? There are a lot of families on this list and trust me they are worth it

However, a lot of families have worked really hard to be on this list but they were unable to appear on the list of the top 10. Despite the fact that there have been a lot of changes in the country which affected most of the citizens in the country, these richest families have maintained their position.

What comes to your mind when you are asked how to know the richest families in Nigeria? The richest families in Nigeria are measured by their estimated net worth

The table below has the list of the top 10 richest families in Nigeria with their estimated net worth.

1. Dangote/Dantata’s Family

The first on the list of the top 10 richest families in Nigeria is Africa’s richest individual and well-known billionaire Aliko Dantata-Dangote.

The largest industrial company in West Africa with companies like Dangote Cement, Dangote Flour, and Dangote Refinery, he serves as CEO of the Dangote Group.

Dangote’s father, Chief Al-Hassan Dantata, was a wealthy trader who played a significant role in the colonial era’s raw material supply chain.

He was among the wealthiest men in West Africa as of 1950. Mamuda Dantata and Mudi Dantata are two other well-known businesspeople in the family.

Through this examination, you have undoubtedly learned more about the accomplishments of your favorite family in their strata and how they relate to their breakthrough.

2. Otedola Family

Femi Otedola, a well-known oil billionaire is second on the list of the richest families in Nigeria. He is the father of Florence (DJ Cuppy), Temi, Fewa, and Tolani Otedola, four wealthy children.

The family’s patriarch, Femi Otedola, is a multibillionaire and the owner of several real estates, finance, and shipping companies in addition to Forte Oil and Zenon Petroleum and Gas Ltd. Femi Otedola also have numerous residences, both domestically and internationally.

Tolani, his firstborn child, is a wealthy young woman and a singer. DJ Cuppy, also known as Florence Otedola, is a well-known Nigerian disc jockey and ambassador.

Temi Otedola, a Nigerian actress who is engaged to Mr. Eazi, a well-known musician and billionaire from her family, is the third child. Temi recently starred in the Kunle Afolayan-produced OAU film Citation.

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3. Ibru Family

The Ibru Organization was founded in 1956 by the illustrious Ibru family. The family’s business is worth billions of dollars making Ibru’s families among the richest families in Nigeria. With more than 10,000 employees, the business is among Nigeria’s most significant corporations.

Along with oil and gas, the company’s diverse economic activities also include banking, agriculture, aviation, and transportation.

Michael Ibru ended up becoming the group’s founder. He began working for the United Africa organization (U A C) in 1951 and remained there until 1956, which helped him gain experience before teaming up with Jimmy Large to create the Laibru trading company.

Alex Ibru, the head of Rutan Motors and a former minister of inner affairs from 1993 to 1995, is another notable member of the family.

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4. Briggs Family

On our list of the richest families in Nigeria, the Briggs family is one of them. Chief Olu Benson Lulu-Briggs, the ancestor of the Briggs family, is the founder of Moni Pulo Limited, a privately owned indigenous oil and gas exploration and production company.

Additionally, Mrs. Seinye Lulu-Briggs, his wife, serves as Rachael Hotels Limited’s CEO. She is a seasoned administrator as well as a prosperous businesswoman.

Leader Dumo Lulu Briggs, who served as the founding government director and chief operating officer of Moni Pulo Ltd from 1995 to 2002, is another prominent family member. He has legal training and is a Nigerian Bar Association member (NBA).

5. Folawiyo Family

The prominent Folawiyo family led by Tunde Folawiyo is on the list of the richest families in Nigeria. Son of the late Chief Wahab Folawiyo is Tunde Folawiyo.

According to Forbes, his cutting-edge internet net worth is $650 million. The family’s assets include Yinka Folawiyo and Sons, a multinational company that later rose to prominence with investments in real estate, agriculture, and energy and is today referred to as the Yinka Folawiyo group.

6. Tinubu Family

Bola Tinubu, the leading candidate in the Federal Republic of Nigeria’s presidential race, is the ancestor of the Tinubu family and is estimated to have a net worth of more than $30 million. Tinubu is frequently referred to as Lagos state’s Jagaban due to his worth not only in terms of money but also in the establishment.

He is now one of Nigeria’s wealthiest politicians as a result. Oluremi Tinubu, his wife, is another illustrious family member. She represents the Federal Republic of Nigeria in the Senate.

7. Okoya-Thomas Family

Prince Molade Okoya-Thomas is the ancestor of this family. One of Lagos’ most illustrious families is the circle of relatives.

Prior to his passing on February 2, 2015, Prince Molade Okoya was a well-known businessman and the chairman of CFAO Nigeria.

He worked for CFAO for fifty-two years as the organization’s main local employee.

In addition to becoming Chairman of Studio Press Nigeria Limited, he was appointed Director of Transcap Nigeria Limited.

Princess Olajumoke Abidemi Okoya-Thomas, who serves as the house representative for Lagos Island I, the federal constituency of Lagos, is a notable member of Okoya Thomas’s extended family.

8. Fajemirokun Family

Among the Top 10 Richest Families In Nigeria is a family worth more than $3 billion Fajemirokun’s family.

Henry Oloyede Fajemirokun, the founder of this family group, was an exchange unionist who eventually rose to prominence as one of Nigeria’s most important industrialists and merchants.

He also became the founder of Henry Stephen, a forerunner company in Nigeria’s oil industry. This company became the first domestic private oil company to receive a US offshore exploration license.

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9. Tejuosho and Relatives

Bisoye Tejuosho was created from the ancestor of the Tejuosho family. She is a prominent Abeokuta-based businesswoman from Nigeria.

The most prominent person in Abeokuta is her father, a farmer.

She is well-known as the mother of Oba Adedapo Tejuosho and the creator of a foam manufacturing company.

Adefunmilayo Tejuosho, the wife of Prince Kayode Tejuade, is a distinct renowned family member. She is a politician, an attorney by training, and the Mushin Constituency I representative in the Lagos State House of Assembly for the fourth term.

She also serves as the finance committee chair for the Lagos State House.

10. Saraki and Relatives

Bukola, Gbemisola, and Olusola Saraki are the members of the Saraki family who have made the most significant contributions.

As is well known, Bukola Saraki is the head of the most illustrious family in Kwara State, and his family is also recognized as one of the wealthiest political families in the Federation.

Olushola Saraki, the ancestor of the dynasty, served as governor of the state of Kwara from 2003 until 2011.

Summary

Most times, a lot of people wonder how most families appear on the list of the richest families. These families on this list are here due to their good net worth. However, most of these families were not born rich but they appeared on this list due to hard work.

On this list has not just the net worth of a person but the estimated net worth of a family who has all it takes to be on this list.

In Conclusion, below is the list of the Richest Families In Nigeria.

1. Dangote/Dantata Family
2. Otedola Family
3. Ibru Family
4. Briggs Family
5. Folawiyo Family
6. Tinubu Family
7. Okoya-Thomas Family
8. Fajemirokun Family
9. Tejuosho and Relatives
10. Saraki and Relatives